Current Mortgage Loan Rates
When you decide it’s a good time to buy a house and make it your home, Farmers Bank will help you through it to get the mortgage and payment that’s right for you. If you want to know more about our different mortgage offerings or would like an application and checklist, click here. Want to get started now? Talk with one of our loan coaches today to see what great rates are available to you!
ARM – 30 Years 1
|Term||Interest Rate||Discount Points||APR||Payment Information|
|5/1 ARM||4.00%||0||4.082%||$289.40 for 5 yrs., $342.07 for 25 yrs. based on index and caps|
This rate accurate as of 3/31/2015. Rate effective date subject to change without notice.
1 Payments and Annual Percentage Rate (APR) above are based on $100,000, Loan-to-Value (LTV) maximum 80.0%, and prepaid finance charge of $979. Quoted payment does not include escrowing for taxes and insurance. Actual payment obligation may be higher. Rates are based on a 60 day rate lock period.
Rate is available for loan amounts up to $417,000, 1-4 single-family residence. The 5/1 ARM has a .75 margin over the Wall Street Journal published Prime Rate, with 1/6 CAPs, $417,000 maximum loan amount, 1-4 single-family occupied.
Offer is subject to credit qualifications and approval. Advertised rate is for limited time only. Some additional restrictions may apply.
Other competitive loan rates and terms are available to customers that may not qualify for this loan. Please call a Farmers Bank Loan Office for additional rates.
Real Estate loans are offered through Farmers Bank and Savings Company, 211 W 2nd St, Pomeroy Ohio. 2014.